CBRE Group, Inc. Acquires IMPACT-CORTI

  CBRE Group, Inc. Acquires IMPACT-CORTI

 Acquisition of Property Management Specialist Expands CBRE's Capabilities in
                                Central Europe

Business Wire

LOS ANGELES -- March 19, 2013

CBRE Group, Inc. (NYSE: CBG), a leading global commercial real estate services
and investment firms, today announced the acquisition of IMPACT-CORTI a.s., a
firm specialising in property management in the Czech Republic and Slovakia.

With six million sq ft (557,000 sq m) under management across 140 assets and
current annual revenue of approximately $10 million, IMPACT-CORTI is the
leading property manager in the Czech Republic and Slovakia. The company is
particularly known for its expertise in the office sector but also has a
portfolio of residential and industrial assets under management. In addition,
IMPACT-CORTI provides project management, investment, and leasing and
consultancy expertise to its institutional and private-investor clients, such
as Deka, Axa REIM, Pramerica and Hampshire Investments. In the Czech capital
of Prague, IMPACT-CORTI manages notable buildings including The GEMINI
Business Center, LIGHTHOUSE Waterfront Towers and the Burzovni Palac, the home
of the Prague Stock Exchange.

IMPACT-CORTI’s team of 160 professionals will join CBRE’s well-established
Property and Asset Management practice in Europe. In response to client
demand, CBRE has particularly focused on the growth of these services in
Central and Eastern Europe (CEE), underlined by its acquisition of Euro Mall
Center Management, a CEE shopping centre management specialist, in mid-2011.

Michael Strong, Executive Chairman of Europe, Middle East and Africa, CBRE,
said:

“Providing expert and integrated transactional and real estate management
capabilities is becoming increasingly important to our regional and global
client base. The acquisition of IMPACT-CORTI complements our existing property
management offer and will allow us to further extend this important service
across the region to meet growing demand.”

Andreas Ridder, Chairman, Central and Eastern Europe, CBRE, added:

“IMPACT-CORTI is renowned in the Czech Republic for its expert property
management and project management practices. By adding their expertise and
reach to our own growing capabilities, we are increasing the scope of the
services we can provide to clients across the region.”

Jürg Zwahlen, Chairman of the Board, IMPACT-CORTI, commented:

“By joining CBRE, we are creating a huge opportunity for both our clients and
our colleagues. As part of one of the most integrated and respected commercial
real estate advisory companies in the world, we will be able to better
collaborate to deliver market insight and strategic advice to clients across
the region, addressing a requirement that is not yet fulfilled in the market.”

About CBRE Group, Inc.

CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered
in Los Angeles, is the world’s largest commercial real estate services and
investment firm (in terms of 2012 revenue). The Company has approximately
37,000 employees (excluding affiliates), and serves real estate owners,
investors and occupiers through more than 300 offices (excluding affiliates)
worldwide. CBRE offers strategic advice and execution for property sales and
leasing; corporate services; property, facilities and project management;
mortgage banking; appraisal and valuation; development services; investment
management; and research and consulting. Please visit our website at
www.cbre.com.

“Safe Harbor” Statement Under the U.S. Private Securities Litigation Reform
Act of 1995

Certain of the statements in this release regarding the acquisition of
IMPACT-CORTI a.s. that do not concern purely historical data are
forward-looking statements within the meaning of the ''safe harbor''
provisions of the U.S. Private Securities Litigation Reform Act of 1995. These
forward-looking statements involve risks and uncertainties, including, but not
limited to, the ability of the parties to successfully integrate the
operations of IMPACT-CORTI with CBRE’s existing property management operations
in Central and Eastern Europe, and the ability to leverage the combined
operations to capture a larger share of the property management market in
Central and Eastern Europe, as well as other risks and uncertainties discussed
in CBRE’s filings with the U.S. Securities and Exchange Commission (SEC). Any
forward-looking statements speak only as of the date of this release and,
except to the extent required by applicable securities laws, CBRE expressly
disclaims any obligation to update or revise any of them to reflect actual
results, any changes in expectations or any change in events. If CBRE does
update one or more forward-looking statements, no inference should be drawn
that it will make additional updates with respect to those or other
forward-looking statements. For additional information concerning factors that
may cause actual results to differ from those anticipated in the
forward-looking statements, and risks to CBRE’s business in general, please
refer to the Company’s SEC filings, including its Annual Report on Form 10-K
for the fiscal year ended December 31, 2012. Such filings are available
publicly and may be obtained off the Company's website at www.cbre.com or upon
request from the CBRE Investor Relations Department at
investorrelations@cbre.com.

Contact:

CBRE Group, Inc.
Gil Borok
Chief Financial Officer
310.405.8909
or
Nick Kormeluk
Investor Relations
949.809.4308
or
Steve Iaco
Corporate Communications
212.984.6535
 
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